I Questions 31-40 are four (4) points each. Your employer, Rubio LLC is considering an investment in an office building that has the following cash flows: Purchase in Year 0............ $-2,750.000 Year 1.......... 220,000 Year 2 226,000 250,000 Year 3. Year 4. 255,000 Year 5 230,000, and a sale @ $3,290,000 takes place EOY 5 The company's weighted average cost of capital that they use as their discount rate for such calculations is 12% In the Rubio LLC example above, assume that the company bought the office building using 70% mortgage debt at an interest rate of 4.00% over 240 months 39. What is the leveraged IRR of the project? a. 34.64% b. 24.58% c. 21.48% d. 15.55%